Ottawa, IL metro area Housing Market Brief
metro · IL · score computed October 2026
What is Ottawa, IL metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 4 of 5 (population 112,714–277,881) · comparable within its band
Where is Ottawa, IL metro area in its market cycle?
Ottawa, IL metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Ottawa, IL metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Ottawa, IL metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $190K | ▼ -1.5% | Redfin |
| Median Days on Market | 54 days | ▲ +14.9% | Redfin |
| Months of Supply | 2.7 | ▼ -15.6% | Redfin |
| Homes for Sale | 483 | ▲ +19% | Redfin |
| Homes Sold | 178 | ▲ +40.2% | Redfin |
| Median Price / Sq Ft | $138 | ▲ +6.8% | Redfin |
How has Ottawa, IL metro area’s Alpha Score moved?
Markets like Ottawa, IL metro area
- Bay City, MI metro area, MImetro58
- Springfield, IL metro area, ILmetro60
- Enid, OK metro area, OKmetro49
- Decatur, IL metro area, ILmetro60
- Peoria, IL metro area, ILmetro58
- Bluefield, WV metro area, WVmetro51
- Hutchinson, KS metro area, KSmetro55
- Rockford, IL metro area, ILmetro40
- Marion, IN metro area, INmetro53
- Battle Creek, MI metro area, MImetro55
Frequently asked questions
Is Ottawa, IL metro area a buyer's or seller's market?
In the scores computed October 2026, Ottawa, IL metro area is classified as a Balanced Market, based on its Alpha Score of 50 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Ottawa, IL metro area?
The median sale price in Ottawa, IL metro area is $190K, having fallen 1.5% over the past year, according to Redfin.
How affordable is Ottawa, IL metro area?
Ottawa, IL metro area scores 95 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Ottawa, IL metro area's Alpha Score?
Ottawa, IL metro area's strongest dimension is Affordability (95/100) and its weakest is Inventory Health (6/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Ottawa, IL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.